The IT sector posted record exports and a record trade surplus for July. The Ministry of Knowledge Economy on Wednesday said IT exports rose 26.9 percent on-year to W13.79 billion (US$1=W1,169) in July while imports increased 13.7 percent to W6.56 billion, resulting in a trade surplus of W7.23 billion. This is the first time the sector's surplus topped the W7 billion mark.